Eltek Stock Overlap Studies Simple Moving Average

ELTK Stock  USD 10.47  0.26  2.55%   
Eltek overlap studies tool provides the execution environment for running the Simple Moving Average study and other technical functions against Eltek. Eltek value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of overlap studies indicators. As with most other technical indicators, the Simple Moving Average study function is designed to identify and follow existing trends. Eltek overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify Time Period to run this model.

The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Simple Moving Average indicator is calculated by adding the closing price of Eltek for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Eltek short-term fluctuations and highlight longer-term trends or cycles.

Eltek Technical Analysis Modules

Most technical analysis of Eltek help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Eltek from various momentum indicators to cycle indicators. When you analyze Eltek charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Eltek Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eltek. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eltek based on widely used predictive technical indicators. In general, we focus on analyzing Eltek Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eltek's daily price indicators and compare them against related drivers, such as overlap studies and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Eltek's intrinsic value. In addition to deriving basic predictive indicators for Eltek, we also check how macroeconomic factors affect Eltek price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield0.0160.0152
Price To Sales Ratio1.761.85
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eltek's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
5.539.6313.73
Details
Intrinsic
Valuation
LowRealHigh
6.3310.4314.53
Details
Naive
Forecast
LowNextHigh
6.2710.3714.47
Details
1 Analysts
Consensus
LowTargetHigh
10.4711.5012.77
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Eltek. Your research has to be compared to or analyzed against Eltek's peers to derive any actionable benefits. When done correctly, Eltek's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Eltek.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eltek in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eltek's short interest history, or implied volatility extrapolated from Eltek options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Adviser Favorites Idea
Adviser Favorites
Invested few shares
Business Services Idea
Business Services
Invested few shares
Chemicals Idea
Chemicals
Invested over 30 shares
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
Hedge Favorites Idea
Hedge Favorites
Invested over 60 shares
Driverless Cars Idea
Driverless Cars
Invested over 200 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Power Assets Idea
Power Assets
Invested over 20 shares
When determining whether Eltek is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Eltek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Eltek Stock. Highlighted below are key reports to facilitate an investment decision about Eltek Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eltek. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Eltek Stock please use our How to buy in Eltek Stock guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running Eltek's price analysis, check to measure Eltek's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eltek is operating at the current time. Most of Eltek's value examination focuses on studying past and present price action to predict the probability of Eltek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eltek's price. Additionally, you may evaluate how the addition of Eltek to your portfolios can decrease your overall portfolio volatility.
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Is Eltek's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eltek. If investors know Eltek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eltek listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.598
Dividend Share
0.22
Earnings Share
1.07
Revenue Per Share
7.911
Quarterly Revenue Growth
0.176
The market value of Eltek is measured differently than its book value, which is the value of Eltek that is recorded on the company's balance sheet. Investors also form their own opinion of Eltek's value that differs from its market value or its book value, called intrinsic value, which is Eltek's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eltek's market value can be influenced by many factors that don't directly affect Eltek's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eltek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eltek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eltek's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.